CSL

CSL Limited Annual Report 2008-2009

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Environment

CSL published its first Global Environmental Report this year covering key environmental issues including energy consumption and greenhouse gas emissions, water use and the management of waste. As covered in this Report, CSL is working to address important environmental issues through innovation, skills development and prudent investments.

In line with a broadening strategy on environmental issues, commitment to the environment is clearly expressed in our new Code of Responsible Business Practice launched this
year to employees across the globe and translated into ten languages.

CSL was included in the Goldman Sachs JBWere Climate Disclosure Leadership Index in Australia as a result of our submission to the Carbon Disclosure Project on climate change strategy, management and practices.

We submitted Environment and Resource Efficiency Programs to the Environment Protection Authority (EPA) this year for our Australian sites. The program was well received meeting all our obligations under the legislation. Our program targets better management of energy, water and waste to reduce environmental impacts.

CSL is reviewing opportunities to integrate sustainability principles into the design of new and refurbished buildings and trialling introduction of new environmental criteria into our capital projects evaluation process.

We monitor climate change policy developments in all the jurisdictions where we are located to assess how emerging policy directions might impact our current business and future directions. CSL remains well prepared for the greenhouse gas reporting regimes being introduced around the world.